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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,231 | $64,176-45.1% | $112,249-68.6% | $66,938-47.4% |
| Participation rate | 38.3% | 68.4%-30.2pp | 75.1%-36.8pp | 69.8%-31.6pp |
| Annual return | -20.35% | -13.80%-6.5pp | 27.48%-47.8pp | 1.58%-21.9pp |
| Employer contribution / active EE | $1,104 | $3,007-63.3% | $3,636-69.6% | $2,545-56.6% |
| Participant deferral / active EE | $2,492 | $3,694-32.5% | $4,729-47.3% | $4,238-41.2% |
| Admin fee / account holder | $308 | $626-50.9% | $6,412-95.2% | $594-48.2% |